Jiuhe Venture Capital Wang Xiao: Keep Optimistic About The Investment Opportunities Brought By Data Intelligence

"In 2020, the venture capital industry will show a trend of" restraining first and then rising ". Looking forward to the new year, Jiuhe venture capital will continue to be optimistic about the investment opportunities brought by data intelligence." Recently, Wang Xiao, founder of Jiuhe venture capital, said in an interview with the 21st century economic report.

Wang Xiao said that in the past year, the epidemic has promoted the development of intelligent, online and unmanned trends, cultivated the habits of digital office, and accelerated the recognition of Tob enterprise service software company and SaaS company.

At the same time, under the comprehensive influence of new infrastructure, domestic substitution trend and industrial upgrading, the venture capital industry is paying more attention to hard technology, industrial Internet, enterprise services, new energy and new materials. Coupled with the dividends brought by the registration system of the science and technology innovation board and the growth enterprise market, China's science and technology investment has ushered in a huge opportunity.

Under the influence of the epidemic situation, the investment and financing pace of venture capital market in the first half of 2020 will obviously slow down. However, in the second half of 2020, the venture capital market will enter a hot state again, and the investment institutions will accelerate the pace of investment, and the competition for head projects will become more intense.

Facing the head project with high valuation, Wang Xiao thinks that it is necessary to judge whether the high valuation project has enough supporting factors, including whether the market space is large enough, whether the business model really solves the pain points, improves efficiency, and whether the team is excellent. Secondly, for future development, valuation can only be a relative concept. If the future can prove that development creates higher value, then the current valuation may not be unreal high.

In addition, timing is very important, investment in the earliest stage, there will be a relatively high return. Therefore, forward-looking judgment is the professional basic skill of early investment institutions. Jiuhe venture capital hopes to start the layout before the market consensus is reached, so as to avoid robbing projects after the arrival of the wind outlet.

Looking forward to the new year, Jiuhe venture capital continues to be optimistic about the investment opportunities brought about by data intelligence. Wang Xiao explained that this is divided into two layers. The lower layer is the infrastructure of the technology layer, including 5g, chips, cloud computing, etc.; the upper layer is the digital intelligent industry platform, including autonomous driving, robotics, SaaS, business intelligence, etc.

The next core development opportunity in China is the digitization of various industries and the intelligent opportunities brought about by the digitalization of industries. Jiuhe venture capital will continue to be optimistic about using technology to leverage efficiency and improve efficiency, including hard technology, industrial Internet, enterprise services, intelligent manufacturing, medical and health and other fields. These fields include not only new application scenarios brought by technology, but also opportunities for transformation and qualitative change of traditional industries.

"For example, in the field of enterprise services, with the intensification of competition, enterprises must improve their management level and efficiency if they want to develop better. Therefore, there are a lot of opportunities in cloud office, collaborative management and intelligent sales Wang Xiao said.

In the circulation link, the traditional Chinese circulation system has many levels, low circulation efficiency and high rate of price increase. How to transform the traditional agent distribution system into a single-layer network structure, there are a lot of opportunities for transformation in this field. Many industrial chains in China can be transformed through digital platforms.